WEX Inc.

About WEX Inc.

WEX is a global commerce platform that helps businesses solve operational complexities by offering specialized solutions for employee benefits, fleet management, and business payments. Their mission is to simplify business processes and drive growth through innovative technology and services.

Products & Services

Fuel Cards and Fleet Management:Solutions to reduce fuel costs, support drivers, and manage fleets with tools for tracking, analytics, and EV integration.

Employee Benefits:End-to-end benefits administration including HSAs, FSAs, COBRA, and benefits platforms to attract and retain talent.

Business Payments:Digital payment solutions to streamline accounts payable, reduce fraud, and enhance supplier relationships with virtual cards and processing tools.

Specialties

Fleet Management Employee Benefits Administration Business Payment Solutions Fuel Cards Digital Payments EV Solutions

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Senior Unsecured Notes T: - FT: Senior Unsecured Notes	A: 550000000 MR: - FA: $550 million FAN: 550000000	D: 2025-02-27 FD: 2025-02-27	-
2	RT: Debt T: - FT: Debt	A: 500000000 MR: - FA: 500 million FAN: 500000000	D: 2025-02-25 FD: 2025-02-25	-
3	RT: Corporate Venture Capital Investment T: - FT: Corporate Venture Capital Investment	A: 100000000 MR: - FA: up to $100 million FAN: 100000000	D: 2023-07-27 FD: 2023-07-27	-

Senior Unsecured Notes Latest

2025-02-27

$550.0M

Debt 2025-02-25

$500.0M

Corporate Venture Capital Investment 2023-07-27

$100.0M

View 2 more funding rounds with Pro

Unlock Full Funding History

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

Unlock All Metrics

Mock Up

Team & Leadership

M

Melissa Smith

Chair, CEO, and President

C

Carlos Carriedo

Chief Operating Officer, Americas Payments & Mobility

J

Jay Dearborn

Chief Operating Officer, International

R

Robert Deshaies

Chief Operating Officer, Benefits

S

Sachin Dhawan

Chief Technology Officer

A

Ann Drew

Chief Risk & Compliance Officer

View 17 more team members with Pro

Unlock Full Team Directory

Recent News

WEX Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised